Nexalin Technology : Investor Presentation March 2026

NXL

Published on 04/20/2026 at 03:21 pm EDT

HARNESSING THE POWER OF ADVANCED FREQUENCY

NEUROSTIMULATION TO IMPROVE MENTAL HEALTH

INVESTOR PRESENTATION | MARCH 2026 NASDAQ: NXL

Mental Health is a Global Epidemic

A Market full of Drugs, a Mind Full of Problems

Anxiety2

360M*

Insomnia1

850M*

Alzheimer's

and Dementia2

60M*

Depression2

330M*

TBI/PTSD (Military)2,3

350M*

* Number of Patients

INVESTOR PRESENTATION | MARCH 2026 3

Drugs & Therapy Are Big Business

Market Opportunity: $60 Billion and Growing

DRUG TREATMENTS THAT DON'T TREAT:

Insomnia4

Anxiety5

Alzheimer's

and Dementia6

Depression6

TBI/PTSD

(Military) 7

PATIENT POPULATION

850M

360M

60M

330M

350M

MARKET SIZE ($)

$ 5 B

$ 12 B

$ 5 B

$ 22 B

$ 16 B

Low Efficacy

Dangerous Side Effects

Addiction

Lifetime of medication

Stigma

70%

Prefer

drug-free

alternative8

INVESTOR PRESENTATION | MARCH 2026 4

More Treatments that Don't Treat

Current non-invasive neurostimulation technologies are marketed as alternatives to drugs but are limited by safety and efficacy:

SAFETY

EFFICACY

Treatment response is limited by patient's threshold of discomfort

Limited power = limited efficacy (1-1.5 mA)

Nexalin: 15mA

Unregulated usage for some

(no physician oversight)

Treatment response is less than or equal to medication (<50%)9,10

THESE TECHNOLOGIES FAIL TO MEET PATIENT NEEDS.

INVESTOR PRESENTATION | MARCH 2026 5

The Future of Mental Health Treatment is Here

Nexalin is replacing all current neurostimulator technologies with its new Deep Intracranial Frequency Stimulation (DIFS®).

Undetectable to

the human body

No patient discomfort or side effects

15x more powerful than current neurostimulators*

Increased power allows

for deeper penetration

Deeper penetration, better response

Treatment response based on clinical evidence

*Compared to 1mA

INVESTOR PRESENTATION | MARCH 2026 6

Deep Intracranial Frequency Stimulation (DIFS®)

Our DIFS device mirrors the brain's natural energy rhythms to effectively

reset and retrain networks associated with trauma.

Nexalin's undetectable proprietary waveform is unique in shape, amplitude, and frequency that mirrors the natural rhythms of the brain

Greater power = deeper penetration = greater response

Deeper penetration in mid-brain structures without side effects or patient discomfort

DIFS influences the production of neurotransmitters like serotonin and dopamine

Low risk (no side effects) with high efficacy

INVESTOR PRESENTATION | MARCH 2026 7

Nexalin's Frequency Stimulation is not a Hypothesis

Summary of clinical trials:

33 clinical trials

13 of these are International peer-reviewed clinical trials

7 of these validated by neuroimaging (PET Scan, fMRI, MEG)

Publications:

12 publications (available on

the Nexalin website)

3 recent articles published on the treatment of Alzheimer's Dementia (AD)

TBI / PTSD clinical trial completed at UCSD with positive results

developing new clinical strategies in collaboration with the FDA Q-submission application.

INVESTOR PRESENTATION | MARCH 2026 8

PRODUCT AND STRATEGY

INVESTOR PRESENTATION | MARCH 2026 9

From Proven Foundation to Next-Generation Neurostimulation

NEXALIN GEN 1* ✓ Waveform Technology

In clinic solution

1-2 milliamp (mA), 77.5Hz frequency waveform for treatment without any discomfort or side effects

Originally FDA cleared for anxiety, depression, and insomnia

Cost Effective

Lower patient and provider costs

*Nexalin no longer markets or distributes this Gen-1 clinical solution

INVESTOR PRESENTATION | MARCH 2026 10

OVERALL GROWTH

STRATEGY GEN 2 - SYNC

Clinical Device

More advanced, powerful

GEN 3 - HALO

Remote Device

Enhanced access through virtual clinic

Three regulatory pathways leading to commercialization

Mood disorders - Anxiety,

GEN 1 - FDA

Anxiety, Depression, Insomnia

technology

Depression, Insomnia

Alzheimer's and Dementia

TBI/PTSD (military)

INVESTOR PRESENTATION | MARCH 2026 11

Nexalin's Advanced Gen 2 - SYNC Technology

Allows for deeper brain penetration and greater efficacy (clinically based)

NEXALIN GEN 2 - SYNC ✓ Proprietary Waveform

In clinic solution

15 milliamp (mA) waveform for deeper penetration.

Increased Efficacy Proven effectiveness in mental health disorders

Regulatory Confidence Regulatory approval in Asia (China), Brazil, Middle East, and Israel

FDA Clinical Strategy Pilot and pivotal trials beginning in USA 2025

INVESTOR PRESENTATION | MARCH 2026 12

BRINGING ADVANCED, NON-INVASIVE TREATMENT INTO THE HOME

13

Nexalin's Gen 3 - HALO Device

Allows patients to receive advanced neurostimulation treatment in their home with clinical supervision

NEXALIN GEN 3 - HALO ✓ Same Increased Efficacy

In home virtual clinic solution

as Gen 2 - SYNC

Convenient At Home Treatment through App and Virtual Clinic

FDA Q-submissions filed, collaborating with FDA on clinical design strategies

FDA application expected 2026

INVESTOR PRESENTATION | MARCH 2026 14

Patient self-administers treatment 5x per week for 4-6 weeks at home

1

Physician Monitors Patient Compliance and Safety Through the Virtual Clinic:

2

Provider prescribes the Nexalin HALO through a digital ecosystem known as a virtual clinic

3

Provider uses software to access headset, assign protocol, and monitor patient compliance

Provider and patient collaborate through app server and physician portal

INVESTOR PRESENTATION | MARCH 2026 15

IN SUMMARY:

Nexalin Portfolio Poised For Rapid Commercial Growth

INSOMNIA

DEPRESSION

ANXIETY

Alzheimer's and

DEMENTIA

TBI/PTSD (Military)

2025 2026 2027

GEN 2 SYNC

GEN 3 HALO

N/A

In Market (JV)

China, Brazil, Oman

Pilot and Pivotal FDA Clinical Trials in USA

Pilot and Pivotal Clinical Trials Internationally

FDA De Novo Clinical Trial Strategy USA

I N T E R N A T I O N A L

U S A

I N T E R N A T I O N A L

U S A

INVESTOR PRESENTATION | MARCH 2026 16

MARKET AND BUSINESS MODEL

INVESTOR PRESENTATION | MARCH 2026 17

Go-to-Market Strategy

Three Pathways

Mood:

Anxiety | Depression | Insomnia

Military: TBI | PTSD

AD: Alzheimer's Disease

Product Strategy

Gen 2 - SYNC: Sell device to clinician/ clinic; single-use electrode drives long-term revenue

Gen 3 - HALO: Sell device + monthly subscription drives long-term revenue

Customers

Clinicians and patients

(all pathways)

Delivery Model

Digital technology + digital treatment + digital distribution

All pathways connected

Patient Acquisition: Digital media, paid media, targeted consumer strategies, physician community referral

INVESTOR PRESENTATION | MARCH 2026 18

National and International Regulatory Strategy

Nexalin is currently collaborating with FDA on clinical study design and

strategy for De Novo clinical treatment application

National: FDA applications (treatment, breakthrough) filing strategy:

First tranche - Insomnia, Alzheimer's & Dementia

Second tranche - TBI/PTSD, Depression

Third tranche (in development) -

Anxiety, Addiction, Chronic Pain

International

Current clearance with NMPA in Asia (China): Depression, Insomnia

Current ANVISA approval in South America (Brazil): Anxiety, Depression, Insomnia

Current clearance with Ministry of Health in Middle East (Oman): Anxiety, Depression, Insomnia

Current clearance with Ministry of Health in Israel: Anxiety, Depression, Insomnia

INVESTOR PRESENTATION | MARCH 2026 19

Clinical Data / Sales Support - Mood Disorders

Insomnia / Depression: 75-90% of Patients Improve

100%

77%

Active Gr

oup

100%

94%

Active Gr

oup

50%

53%

Sham Group

50%

54%

Sham Group

20% 17%

0%

20% 18%

0%

NEXALIN TECHNOLOGY CLINICS

DEPRESSION

INSOMNIA

Diagnosed Average Improvement

74%

77%

INVESTOR PRESENTATION | MARCH 2026 20

Disclaimer

Nexalin Technology Inc. published this content on April 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 20, 2026 at 19:20 UTC.